A very thought provoking interview. A must watch!
Michael Hudson says we're headed for a 5-10 year DEPRESSION? VIDEO...
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Saturday, September 10, 2011
Friday, August 5, 2011
Original FED Founder, Paul Warburg in 1915
"The scope of our banking future will ultimately be limited by the amount of gold that we can muster as the foundation of our banking and credit structure." Paul Warburg, 1915
Thursday, August 4, 2011
Gold is Laughing at Us
By: John Carney
Senior Editor, CNBC.com
“Gold has proven to be a superman investment. It can leap over buildings and do things that investments aren’t supposed to do. And it’s laughing at us," I explained.
A more analytical take can be found today at Zerohedge. If you love charts, you'll love the post. Here's how it wraps up:
"As a percentage of assets, gold ownership remains negligible vis-à-vis assets such as equities and bonds. Ownership of gold is likely to be less than 2 percent of global investable assets. This is in marked contrast to the end of gold’s last bull market, when gold and gold stocks accounted for over 20 percent of global assets.
Gold remains badly analyzed, under-owned, and under-appreciated. This will change in the coming months and years, when the importance of gold as an investment and currency diversification and as a store of wealth is appreciated again." LINK...
Senior Editor, CNBC.com
“Gold has proven to be a superman investment. It can leap over buildings and do things that investments aren’t supposed to do. And it’s laughing at us," I explained.
A more analytical take can be found today at Zerohedge. If you love charts, you'll love the post. Here's how it wraps up:
"As a percentage of assets, gold ownership remains negligible vis-à-vis assets such as equities and bonds. Ownership of gold is likely to be less than 2 percent of global investable assets. This is in marked contrast to the end of gold’s last bull market, when gold and gold stocks accounted for over 20 percent of global assets.
Gold remains badly analyzed, under-owned, and under-appreciated. This will change in the coming months and years, when the importance of gold as an investment and currency diversification and as a store of wealth is appreciated again." LINK...
CNN Interviews Jim Sinclair in 2008 about Gold at $1,650/oz
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www.jsmineset.com
We couldn't agree more. Get your family and your financial house in order first, then think about investing in gold as insurance. Financially speaking, one doesn't become rich by investing in gold, you are just maintaining your standard of living while the rest of the economy is falling. Gold protects your wealth against unsound financial policies in government and banking. BK
Monday, July 18, 2011
Bob Chapman Sees $2,000 Gold in Six Months!
July 15, 2011 on the Financial Survival Radio Program
LINK... http://libertyarchives.com/farlive/FS2_FRI.MP3
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Legendary Bob Chapman with his 50+ years experience in the financial markets says Gold could easily hit $2,000 and higher by 2012. Fasten your seatbelts folks, this will be a wild ride! We expect to see high volatility in the precious metals markets over the next couple years and we agree with Mr. Chapman that prices will continue much much higher. BK
LINK... http://libertyarchives.com/farlive/FS2_FRI.MP3
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